Okla. Stat. tit. 52, § 52-288.5B: Sustaining Oklahoma's Energy Resources Revolving Fund

There is hereby created in the State Treasury a revolving fund

for the Committee for Sustaining Oklahoma's Energy Resources to be

designated the "Sustaining Oklahoma's Energy Resources Revolving

Fund". The fund shall be a continuing fund, not subject to fiscal

year limitations, and shall consist of all monies transferred to the

Committee for Sustaining Oklahoma's Energy Resources to further the

purposes of this act from any public appropriations and donations,

grants, contributions or gifts from any public or private source.

All monies accruing to the credit of the fund are hereby

appropriated and may be budgeted and expended by the Committee for

Sustaining Oklahoma's Energy Resources for the purpose of

encouraging and funding research and development of new technologies

in the oil and natural gas industry and funding activities to

support marginally producing oil and gas wells. Expenditures from

the fund shall be made upon warrants issued by the State Treasurer

against claims filed as prescribed by law with the Director of the

Office of Management and Enterprise Services for approval and

payment.